- Spotify's revenue for the quarter up 19% to €3.99 billion - This is below forecast due to a weaker advertising market - Spotify's gross profit rose 40% to €1.24 billion - Net profit for the quarter was a record €300m (x4) - Operating profit was a record €454m (31.1% margin) - Q4 2024 revenue could be €4.1 bln - Operating profit for the new quarter will be already €481 mln - Spotify Premium subscribers totaled 252 million (+12%) - Total MAU for the service was 640 million (+11%) - At the end of Q4 2024, the figure could be as high as 665 million - The number of paid subscribers will be 260 mln (+8 mln) - The company's operating expenses for Q3 2024 decreased by 8%